NewsRoom Articles - Page 7 of 119

FridayFeb 07, 2025 10:00 am

Why Trump May Be Unlikely to Stop Public EV Charger Construction

President Donald Trump may be unable to stop the rollout of hundreds of thousands of public electric vehicle (EV) chargers across the U.S. During his presidential campaign, Trump made it clear that he opposed the Biden administration’s investments in electric vehicle infrastructure and would rescind all the unspent funds the previous administration had dedicated to EVs. As one of the largest investments the Biden administration had made into EVs, the plan to build a network of 500,000 EV chargers by the end of the decade seemed an obvious target for the notoriously anti-EV GOP candidate. However, experts say the matter…

ThursdayFeb 06, 2025 10:00 am

Norway Close to its Goal of 100% EV Adoption

Norway is close to becoming the first country in the world to achieve 100% electric vehicle sales. The Scandinavian country reports that EVs made up a whopping 96% of new vehicle registrations last month, putting electric vehicle registrations in Norway well ahead of every other market and bringing it close to reaching 100% electric vehicle adoption. Norway has consistently outperformed other countries in the nascent electric vehicle sector for several years now and is now poised to reach a goal that will most likely take other nations decades to achieve. After nearly 96% of its January vehicle registrations comprised of…

TuesdayFeb 04, 2025 10:00 am

Xiaomi and Xpeng Are Redefining the Future of EVs

Chinese firms aren't satisfied with dominating the global electric vehicle supply chain; they're hell-bent on blazing the future of electric cars and even flying vehicles. Xiaomi and Xpeng, currently two of the largest technology/vehicle companies in China and the world, are making waves in the urban mobility segment thanks to their new and innovative vehicle designs. Guangzhou, China-based EV maker Xpeng recently debuted the Voyager X2, an aircraft with vertical take-off and landing capabilities. This puts Xpeng at the forefront of the burgeoning flying car segment, an industry projected to reach a $1.8 billion valuation by 2032. Voyager X2 features…

FridayJan 31, 2025 10:00 am

BMW, Tesla Sue EU as Row Over Tariffs on Chinese EVs Deepens

BMW and Tesla Shanghai alongside several other Chinese automakers are suing the European Union (EU) as the trade war over electric vehicle tariffs between China and the EU heats up. China’s EV industry is significantly more advanced than the rest of the world and the Asian nation has already begun exporting EVs in mass to other markets. However, with most Western automakers struggling to sell EVs profitably, China’s incredibly cheap EVs posed a nigh-existential threat. The European Commission launched an investigation soon after Chinese electric cars started flooding into the EU. After determining that Beijing’s decade-long subsidy program had given…

ThursdayJan 30, 2025 10:00 am

The EV Repair Industry Could Reach $169.6bn by 2034

Electric vehicle repair has the potential to become a multi-billion dollar industry over the next decade. Projections show that the global EV repair service market will experience a compound annual growth rate (CAGR) of 16.7% between 2024 and 2034, with its valuation increasing from $36.2 billion last year to $169.6 billion in 2034. EV repair services are becoming more and more essential as electric vehicle ownership increases in major markets like the U.S., the European Union, and China. Although EVs have fewer moving parts compared to internal combustion engine (ICE) cars, they still require repair and maintenance. However, the difference…

TuesdayJan 28, 2025 10:00 am

Study Finds That the Lifespan of EVs in the UK Equals That of ICE Vehicles

A recent analysis of data from the United Kingdom (UK) Ministry of Transport (MOT) has revealed that electric vehicles in the UK have a similar lifespan to internal combustion engine (ICE) cars. The international research team discovered this similarity after studying 300m MOT records to determine failure rates for petrol and diesel cars as well as new energy cars like battery electric vehicles (BEVs). Published last week in the journal Nature Energy, the peer-reviewed study indicated that electric vehicle reliability has improved rapidly enough for electric cars in the UK to last just as long as their diesel and petrol-powered…

FridayJan 24, 2025 10:05 am

Trump Issues Executive Order Undoing Biden’s EV Policies

President Donald Trump has signed an executive order undoing former President Joe Biden’s electric vehicle policies. Trump has also indicated that he intends to roll back the previous administration’s tailpipe emission standards, a move that will undoubtedly increase greenhouse gas emissions in the U.S. and hamper the country’s efforts to combat climate change. The GOP President has been a vocal critic of the Biden administration’s investments in clean energy and electric cars. Even with the endorsement of Tesla CEO and billionaire Elon Musk, President Trump vowed to eliminate the $7,500 EV tax incentive and reclaim all unspent funds that had…

ThursdayJan 23, 2025 10:00 am

New EV Using Solar Can Go for 40 Miles Every Day

California-based electric vehicle startup Aptera has unveiled a solar-powered battery electric vehicle (BEV) that can travel 40 miles per day using solar energy alone and is 50% more efficient than electric vehicle giant Tesla. Aptera first hit the news with prototypes that featured a 3-wheel design and incorporated solar panels to supplement the onboard batteries. The recently-revealed Aptera Launch Edition EV has 400 miles of range and can use solar energy to provide an extra 40 miles of range per day, providing drivers who have short commutes with a vehicle that could theoretically go for weeks without having to be…

FridayJan 17, 2025 10:00 am

Global EV Sales Jump 25% in 2024, Setting New Record

Data from research firm Rho Motion has revealed that global battery electric vehicle (BEVs) and hybrid sales increased by 25% in 2024. Four consecutive months of record EV sales brought total EV sales to more than 17 million units as Europe’s electric vehicle sector stabilized and China’s industry kept expanding. Emission targets and incentives were especially effective at pushing electric vehicle sales in China, undoubtedly the largest electric vehicle market on the globe, and helped Britain surpass Germany as the largest BEV market in Europe in 2024. According to Rho Motion, battery electric vehicle sales grew by 25.6% year-on-year globally…

ThursdayJan 16, 2025 10:00 am

EV Makers’ Forecasts Clouded as “Trump Effect” Brings Uncertainty to the Industry

With President-elect Donald Trump set to assume office in a few days, electric vehicle makers are getting increasingly apprehensive about their future. Unlike President Biden, Trump is staunchly opposed to climate action and has vowed to eliminate the $7,500 federal tax subsidy that has facilitated tens of thousands of EV purchases over the past half-decade. Although some pundits say that a second Trump administration may not be as harmful to the green transition as many fear, uncertainty about policy changes has clouded the auto industry’s forecasts for 2025. After suffering several months of low demand and depressed sales, many automakers…

Green Car Stocks provides insights and opportunities in the green transportation sector.

Contact us: (512) 354-7000